Why Chewy Stock Was Diving This Week

A badly received quarterly earnings report was the major news item exerting gravity on Chewy (CHWY 0.53%) stock over the past few days. As a result, according to data compiled by S&P Global Market Intelligence, the company's share price had slumped by almost 15% week-to-date as of Thursday evening.Investors didn't like the latest milk boneThat sell-off happened even though Chewy actually topped analyst estimates for revenue and profitability, albeit not by vast amounts. In its first quarter, the company man ...